W:
www.universitybusiness.co.uk | T: @UB_UK Read a related story: click here
Derby set to receive multi-million boost
The University of Derby is set to receive millions of pounds from the government’s Regional Growth Fund (RGF) to fuel business expansion and help create or safeguard thousands of jobs in the East Midlands. The RGF will invest
£20m in three projects in the East Midlands, a large proportion of which is going to the University for its 'Invest-2-Innovate' programme, the Deputy Prime Minister, Nick Clegg, announced. The East Midlands
investment is part of £300m announced nationally for Round 5 of the RGF, a government scheme to create sustainable employment and growth in a wide range of sectors across the country. The University will
use the fund to support innovation in the
region by investing in companies and providing fi nancial support, but will also use its resources to work with them and provide the time, the talent and the technology to innovate. Vice-Chancellor of
the University of Derby, Professor John Coyne, said: "This news is a tremendous vote of confi dence in our region. We are delighted that the University is set to receive this multi-million pound investment, which will enable companies in Derby, Derbyshire and the wider region to grow and fl ourish. It will benefi t companies that need funding or other support to innovate and accelerate growth, particularly those companies that have the potential to become high-value income- generating businesses."
F INANCE AND MARKETS | NEWS | 55
Expert legal advice for universities
Veale Wasbrough Vizards has a national reputation for experience and expertise on legal issues spanning the education spectrum from ‘nurseries to universities’.
We can advise your university on the full range of legal issues including:
• HR and employment • good governance • constitutional issues • student issues including appeals, academic misconduct, immigration and the OIA
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UNIVERSITY OF SURREY CONTRIBUTES £1.4 BN TO UK ECONOMY
Following the publication of UUK’s report on the impact of the HE sector on the UK economy, the University of Surrey reveals that together its own Research Park, it has generated £1.4bn for the UK economy and supported almost 16,200 jobs in 2012/13. Produced by BiGGAR Economics, the study considers both
the direct and indirect impacts that the University of Surrey has on the town of Guildford, the county of Surrey and the UK. It gives a useful insight into the overall benefi t of having a top 10 UK University located in the area. The study found evidence that the University generates
£6.45 economic impact for every £1 it earns, and indirectly supports six other jobs elsewhere in the UK economy for each direct job at the University.
• licensing • spin-outs as well as commercial contracts and joint ventures
• consortium arrangements (including international agreements)
• procurement processes including EU regulations.
To arrange a free no obligation review of your legal issues, please contact:
Bettina Rigg
brigg@vwv.co.uk T 020 7665 0960 M 07885 263 839
David Hansom
dhansom@vwv.co.uk T 020 7665 0808 M 07500 708 619
www.vwv.co.uk Veale Wasbrough Vizards LLP
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